CalPERS has committed $400 million total to two private equity buyout funds, agenda material for the pension fund's Feb. 17 investment committee meeting shows.
The private equity staff of the $295.7 billion California Public Employees' Retirement System, Sacramento, in December committed $350 million to Welsh, Carson, Anderson & Stowe XII and $50 million to Siris Partners III, managed by Siris Capital Group.
